Bougth with Suresh Vasandani
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198 Willits ST Daly City, CA 94014
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Key Details
Sold Price $1,112,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,857 sqft
Price per Sqft $598
MLS Listing ID 426132306
Style Contemporary
Bedrooms 3
Full Baths 2
Year Built 1940
Lot Size 1,494 Sqft
Property Sub-Type Duplex
Property Description
Welcome to 198 Willits St, a unique legal duplex located in the heart of Daly City. Officially recognized in tax records as a duplex and improved with permits, this property provides immediate income and future potential. Unit Breakdown: Unit #1 on the upper level, with two bedrooms, one bathroom, and a bonus room, is currently tenant-occupied and generating $3,800 per month; tenants also pay utilities. Unit#2, one bedroom, one bathroom -VACANT, updated, and move-in ready. Regarding the Income Potential, if Unit #2 gets leased at market rent, the total monthly income could exceed $6,200. Neighborhood Highlights: (Walkable!) Located next to Marchbank Park Fields, currently being remodeled (potential future value increase), A short walk to Daly City BART Station. Bus stop, just minutes from Westlake Shopping Center. Close to movie theaters, dining options, and everyday conveniences. Perfect For: - Investors seeking cash flow. - Owner-occupants looking to offset their mortgage. - Anyone interested in a legal, low-maintenance duplex. Don't delay, these two units near transit and parks won't be available for long. Buyers-Investors. " Offers, if any, to be reviewed on Tuesday, June 2nd at 12:00 noon".
Location
State CA
County San Mateo
Area Original Daly City
Interior
Heating Gas, Wall Furnace
Cooling None
Flooring Carpet, Linoleum, Simulated Wood, Other
Laundry Common Area
Exterior
Utilities Available Separate Meters (None), City, Sewer Connected
View Park/Greenbelt
Roof Type Asphalt
Building
Lot Description Corner Lot
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction Yes
Schools
School District Jefferson Union High
Others
Acceptable Financing Cash, Conventional, Creative, Other
Listing Terms Cash, Conventional, Creative, Other
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